Tuesday, 23 May 2017

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The broader market indices have been underperforming in the market on Tuesday. Bajaj finserv is pulling down the BSE Mid-cap index. The stock is trading lower by close to 4% at Rs 3820 per share. The company has recently posted the financial results for the quarter ended March 31, 2017. The company’s consolidated gross revenue grew by 16% on a YoY basis for Q4 FY17.

Federal Bank Limited is the top contributor to the BSE Small-cap index. The stock is trading lower by around 2.5% at Rs 107.85 per share.The S&P BSE Sensex is trading at 30428 down 142 points, while NSE Nifty is trading at 9397 down 41 points. A total of 13 stocks registered a fresh 52-week high in trade today, while 77 stocks touched a new 52-week low on the NSE.

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